AdePT telecom increases its 2016 interim dividend by 33%

DividendMax Ltd.

AdePT telecom increases its 2016 interim dividend by 33%

Total revenue increased by 22.8% to £13.9 million (2014: £11.3 million)

EBITDA increased by 24.8% to £2.9 million (2014: £2.4 million)

EBITDA margin increased to 21.1% (2014: 20.8%)

Adjusted profit before tax increased by 19.7% to £2.6 million (2014: £2.2 million)

Adjusted EPS increased by 23.1% to 10.32p (2014: 8.38p)

Interim dividend increased by 33.3% to 3.00p per share (2014: 2.25p)

Operating cash flow before tax of £2.5 million (2014: £2.3 million)

New £15 million Revolving Credit Facility with Barclays completed in April 2015

Acquisition of Centrix Limited completed on 1 May 2015

Net debt, after £7.2 million acquisition payments, of £7.6 million (2014: £3.2 million)

Managed services revenue increased by 88.7% to £5.7 million (2014: £3.0 million)

Companies mentioned